A pleasant neighborhood of houses with front porches in the Witherspoon - Jackson historic district is the location of a rare opportunity. Formerly two lots, but now merged together as one, the property is zoned for a single-family residence, with the potential for an ADU (auxiliary dwelling unit) if various requirements are followed. Check with Princeton’s zoning department for verification but the options are believed to be that the existing structure could be renovated back into a single-family residence OR if tearing the existing building down is approved, a brand-new single-family residence could be built. The entire offering of 0.14 acres can be only a single-family residence on a gracious sized lot. Popular local restaurants, the Arts Council, and historic churches are right at hand and just blocks away is Princeton’s thriving downtown. Princeton University and nearby Dinky Train Station further increase the property’s appeal. PLEASE NOTE: Although currently divided into 3 units, there are no such municipal approvals on record and this use is not permitted as the structure is zoned single-family. Please be in touch with the Princeton Zoning office before submitting offers. Potential buyers should also be informed that one of the un-approved residential units was found to have a lead paint hazard (known lead paint hazard under regulation 851). Detailed report is available in the documents posted on-line with this listing. The Princeton Health office welcomes calls from parties that wish to know more.
A pleasant neighborhood of houses with front porches in the Witherspoon - Jackson historic district is the location of a rare opportunity. Formerly two lots, but now merged together as one, the property is zoned for a single-family residence, with the potential for an ADU (auxiliary dwelling unit) if various requirements are followed. Check with Princeton’s zoning department for verification but the options are believed to be that the existing structure could be renovated back into a single-family residence OR if tearing the existing building down is approved, a brand-new single-family residence could be built. The entire offering of 0.14 acres can be only a single-family residence on a gracious sized lot. Popular local restaurants, the Arts Council, and historic churches are right at hand and just blocks away is Princeton’s thriving downtown. Princeton University and nearby Dinky Train Station further increase the property’s appeal. PLEASE NOTE: Although currently divided into 3 units, there are no such municipal approvals on record and this use is not permitted as the structure is zoned single-family. Please be in touch with the Princeton Zoning office before submitting offers. Potential buyers should also be informed that one of the un-approved residential units was found to have a lead paint hazard (known lead paint hazard under regulation 851). Detailed report is available in the documents posted on-line with this listing. The Princeton Health office welcomes calls from parties that wish to know more.
Neighborhood
Type
Total Baths
County
Mercer
Area
Princeton
Tax Amount
$9,695
Status
Active
Listing #
NJME2039480
Built
1920
Lot Size
0.14
Listed on site
83 days
Listing Agent Id
121193876841
Co Listing Agent Id
121250605063